The European Commission on June 9 issued interim measures ordering Meta to reinstate third-party AI assistants to the WhatsApp Business API within five days, citing antitrust concerns over fees deemed economically unsustainable for competitors.
Author Archives: newanalytica
Posted inMarkets
SpaceX begins trading on Nasdaq at $135, completing the world’s largest ever IPO
SpaceX’s SPCX shares opened on the Nasdaq on June 12 at $135 per share, completing a $75 billion raise — the largest IPO in history — and valuing the merged SpaceX-xAI entity at $1.77 trillion.
Posted inEconomy
ECB raises rates to 2.25% in first hike since 2023 as Iran war drives inflation
The European Central Bank raised its deposit facility rate by 25 basis points to 2.25% on June 11, citing persistent energy-driven inflation from the Middle East conflict, with headline eurozone inflation forecast to average 3% in 2026.
Posted inGeopolitics
Trump cancels Iran strikes and signals a deal could be signed this weekend
President Trump on June 11 called off planned strikes on Iran and said a memorandum of understanding to end hostilities could be signed as early as this weekend, potentially reopening the Strait of Hormuz.
Posted inWorld
Abiy Ahmed wins commanding majority in Ethiopia’s first full election since 2021
Ethiopia’s Prosperity Party captured 457 of 547 parliamentary seats on 1 June, giving Prime Minister Abiy Ahmed a new five-year term despite security disruptions in Tigray and Amhara.
Posted inTech
OpenAI files confidential S-1 with the SEC as the AI IPO race intensifies
OpenAI submitted a draft S-1 registration statement to US regulators on June 8 at an $852 billion valuation, joining a historic cluster of AI companies moving toward public markets.
Posted inMarkets
SpaceX is set to price tonight at $135 in the largest IPO on record
SpaceX has fixed its IPO at $135 per share for a $75 billion raise at a $1.75 trillion valuation—the largest listing in stock market history—before debuting on Nasdaq under SPCX on June 12.
Posted inEconomy
US inflation hits 4.2% in May as energy prices surge 23% year-on-year
Energy costs drove US headline inflation to 4.2% in May—the fastest pace since April 2023—raising the stakes for the Federal Reserve’s June 17 decision on interest rates.
Posted inGeopolitics
Taiwan fires US-supplied HIMARS rockets into the Strait in a first
Taiwan’s military launched 36 HIMARS rockets toward the Taiwan Strait on June 10—the first live-fire test of the US-supplied system aimed at the waterway separating the island from mainland China.
Posted inWorld
Belfast burns after knife attack fans anti-immigration riots
Masked rioters torched buses and homes across Belfast after a Sudanese asylum seeker was charged with blinding Stephen Ogilvie in a knife attack, echoing a pattern of far-right online mobilisation.